Litecoin

Litecoin founder Charlie Lee’s $4.5 million cryptocurrency charity lunch with Warren Buffett.

Last week, Litecoin creator Charlie Lee, along with Chris Lee, Helen Hai, Yoni Assia and Justin Sun (who made the $4.5 million winning bid last year), finally sat down with Berkshire Hathaway’s Warren Buffet at Happy Hollow. Lunch at the Nebraska Club, USA.

Sun said last year that he hoped the conference would be an opportunity to “bridge the gap between institutional and traditional investors and the areas of cryptocurrency and blockchain technology.” But after more than six months of delays, it started to look like everything was going down the drain, and without warning, Sun, He posted an image of the group on his Twitter feed. Statement:

The most delicious meal ever! thank you @Warren Buffett Thank you for taking us to the Happy Hollow Club! $515.05 $4.56 for dinner MIL was money well spent! The insights I have received are invaluable. I enjoyed every bite with my friends.

Sun also gifted Buffett two Samsung Galaxy Fold devices along with one Bitcoin stored at this public address (3As

The meal seemed rather quiet overall, with only Sun speaking publicly about the incident. But he goes on to share the following insights into the conversation that took place.

@Warren Buffett I believe there is great potential #blockchain Many of his portfolio companies are exploring ways to: @jpmorgan. He wonders how he sees. #blockchain It will unfold in the payments industry in the next 10 years. He feels I have a lot of work left to do. #Bitcoin Capturing value still requires a lot of effort. #blockchain. I told Mr. Buffett. #Bitcoin “I would rather my grandchildren inherit my fortune,” Buffett said with a smile. $USD.”

While it appears there is still convincing work to be done before large-scale institutional acceptance occurs, this also means there is more growth ahead in this space, which is good news for current cryptocurrency investors.

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